Robert W. Baird analyst Peter Arment maintained a Buy rating on Rada Electronics (RADA – Research Report) on July 13 and set a price target of $13.00. The company’s shares closed last Friday at $9.73.
According to TipRanks.com, Arment is a 5-star analyst with an average return of 7.3% and a 57.6% success rate. Arment covers the Technology sector, focusing on stocks such as L3Harris Technologies, Raytheon Technologies, and Spirit AeroSystems.
Currently, the analyst consensus on Rada Electronics is a Strong Buy with an average price target of $14.25, implying a 46.9% upside from current levels. In a report issued on July 7, Canaccord Genuity also maintained a Buy rating on the stock with a $15.00 price target.
The company has a one-year high of $16.70 and a one-year low of $7.51. Currently, Rada Electronics has an average volume of 673K.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Rada Electronic Industries Ltd. Operates as a defense technology company. It develops, manufactures and sells defense electronics, including avionics solutions (including avionics for unmanned aerial vehicles and airborne inertial navigation systems), airborne data/video recording and management systems and tactical land-based radars for defense forces and for border protection systems. The company was founded on December 8, 1970 and is headquartered in Netanya, Israel.
Read More on RADA:
- JMP Securities Thinks Perella Weinberg Partners’ Stock is Going to Recover
- JMP Securities Thinks Blue Owl Capital’s Stock is Going to Recover
- Kratos Defense (KTOS) Gets a Buy Rating from Robert W. Baird
- JMP Securities Thinks Greenhill’s Stock is Going to Recover
- Robert W. Baird Thinks Ranpak Holdings’ Stock is Going to Recover